Deutsche Bank Reaffirms Buy Rating for Sophos Group Plc (LON:SOPH) stock. What’s the Best Move for Investors?

June 14, 2018 - By Hazel Jackson

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Sophos Group Plc (LON:SOPH) Rating Reaffirmed

In a report revealed to clients and investors on Thursday, 14 June, Sophos Group Plc (LON:SOPH) shares had their Buy Rating restate by equity analysts at Deutsche Bank.

Sophos Group plc (LON:SOPH) Ratings Coverage

Among 7 analysts covering Sophos Group Plc (LON:SOPH), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Sophos Group Plc has GBX 750 highest and GBX 570 lowest target. GBX 683.75’s average target is 15.60% above currents GBX 591.5 stock price. Sophos Group Plc had 13 analyst reports since January 11, 2018 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 22. The rating was maintained by Shore Capital on Thursday, February 8 with “Buy”. The rating was maintained by Deutsche Bank on Thursday, June 14 with “Buy”. The firm earned “Buy” rating on Tuesday, May 8 by Jefferies. The rating was downgraded by Numis Securities on Thursday, February 8 to “Hold”. The stock has “Outperform” rating by Credit Suisse on Friday, May 4. Numis Securities maintained the stock with “Hold” rating in Friday, May 18 report. On Thursday, May 17 the stock rating was maintained by Shore Capital with “Buy”. The firm earned “Outperform” rating on Thursday, January 11 by Credit Suisse. Morgan Stanley maintained Sophos Group plc (LON:SOPH) on Monday, February 12 with “Overweight” rating.

The stock decreased 0.59% or GBX 3.5 during the last trading session, reaching GBX 591.5. About 255,703 shares traded. Sophos Group plc (LON:SOPH) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Sophos Group plc, through its subsidiaries, provides cloud-enabled end-user and network security solutions. The company has market cap of 2.79 billion GBP. The firm offers XG Firewall, a next-generation firewall protection for network, users, and applications from new control center; SG UTM, a user interface to protect network and users; Secure Wi-Fi, a wireless access point; Secure Web Gateway for web security; Secure Email Gateway solutions; and Phish Threat, an email phishing test simulation and training product. It currently has negative earnings. It also provides Endpoint Protection, a security solution for users and data; Intercept X, an endpoint security solution; Sophos Mobile, an enterprise mobility management solution; SafeGuard Encryption solution; Server Protection solution; Sophos Home, a protection solution for home computers; and Sophos Central, a synchronized security management solution.

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